By Adam Leitman Bailey Property owners are losing time and money as a result of leases that could have been better drafted. Commercial property owners should be using leases that 1) maximize profits, 2) avoid lengthy court battles and 3) ameliorate the time and monetary losses suffered from a defaulting tenant. First, provisions should be Full Article…
If you’re like most owners, you’ve probably spent some time at the Environmental Control Board (ECB) fighting violations issued by the Department of Buildings (DOB). And you know it isn’t easy to beat those violations. That’s why it’s important to have as much ammunition as possible, to fight those violations successfully. To help you, ALI Full Article…
By Adam Leitman Bailey and Dov Treiman According to Forbes.com, Manhattan is one of the 10 most expensive places in the world to call home, and CB Richard Ellis’ “Global Market Rents Survey” places New York 12th on its list of the most expensive office markets, despite the extremely discounted price of the dollar. Nevertheless, Full Article…
By Adam Leitman Bailey Q. I rent a penthouse studio with a large terrace. There is major construction on the exterior of the building, making the terrace impossible to use. This was not a problem in January, when construction began and I wasn’t using the terrace. But now that the weather is warming, they are Full Article…
Adam Leitman Bailey and John M. Desiderio have authored four Adverse Possession articles that have been published in the New York Law Journal: Adverse Possession After the 2008 RPAPL Amendments Adverse Possession: Changes Make Result Less Certain Adverse Possession: Veto Confirmed Existing Law on ‘Claim of Right’ Adverse Possession in a Post-‘Walling’ World
By Adam Leitman Bailey When you buy a newly constructed property, you hope to live in a home with the most technologically advanced electrical, ventilation, and air-conditioning systems, and the latest appliances, fixtures, and plumbing. You also want the advantage of owning brand-new big-ticket items, such as the boiler and roof. The replacement or repair Full Article…
Newly constructed condominium buildings suffering from serious structural and nonstructural defects have infected my firm’s litigation caseload. Because of a total disregard of New York City’s fire and safety requirements, and the failure to provide insulation, a leak-free roof, a functioning HVAC system, and hundreds of other repairs, one of these buildings may need to Full Article…
By Adam Leitman Bailey When you buy a newly constructed property, your hope is to live in a home with the most technologically advanced electrical and ventilation systems, the latest appliances, the best fixtures, and perfect plumbing. You also want the advantage of owning brand-new big –ticket items such as the boiler and roof. The Full Article…
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